Spark

1000s Face Planned Power-Cuts As SoCal Winds Spark Critical Fire Risk

The most vulnerable months for wildfires in California run from July to October. After a record-breaking fire season last year, it appears the fire risk for Southern California is elevated this week.  Bloomberg calls the move by Southern California utility companies to cut power to more than 280,000 homes and businesses to prevent wildfires this week as “unprecedented.”  Edison International’s Southern…

1000s Of Trucks Still Stranded In UK As French COVID-Testing Rules Spark “Chaos”

By Tyler Durden France announced the reopening of its borders with the UK late on Tuesday, ending a two-day closure prompted by fears of a fast-spreading coronavirus mutation in England. As a result of the border shut down, thousands of truck drivers remain stranded in the UK, while France’s new public health measures require drivers…

1000s Of Trucks Still Stranded In UK As French COVID-Testing Rules Spark "Chaos"

France announced the reopening of its borders with the UK late on Tuesday, ending a two-day closure prompted by fears of a fast-spreading coronavirus mutation in England. As a result of the border shut down, thousands of truck drivers remain stranded in the UK, while France’s new public health measures require drivers to be tested…

Did Yellen Anxiety Spark Biggest USD Spike In 6 Months?

After collapsing to critical support levels, the USDollar has soared overnight – its biggest spike in six months… Source: Bloomberg Various reasons for the move include the fact that the USD sits at the epicenter of macro right now (everybody ‘short’ it through various expressions) but between cable weakness (on mutant COVID strain fears as…